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Saturday proved to be a tumultuous day for the world of cryptocurrency, as Bitcoin (BTC) and its counterparts took a sharp nosedive of nearly 10%. The value of the leading digital asset plummeted below $62,000, sending shockwaves through the market. However, just as quickly as it fell, BTC managed to regain its footing and climb … Read more
Amidst the frenzy on social media caused by yesterday’s staggering $900 million crypto market crash, one man stands unfazed – the infamous Edward Snowden. As the crypto market was rocked by a staggering $900 million in liquidation, social media was abuzz with panic. But while others trembled, Edward Snowden stood firm, unshaken by the chaos. … Read more
The cryptocurrency market, once plagued by a downward spiral in 2022, is now experiencing a remarkable comeback. This resurgence can be attributed to two major events: the long-awaited approval of Bitcoin ETFs by the SEC and the highly-anticipated Bitcoin halving. These developments have reignited the excitement and optimism of investors, drawing them back to the … Read more
Bitcoin ETFs Take a Hit: Investors Pull Out $55 Million in a Single Day on April 12 Bitcoin ETFs ahead of halving Friday saw a major shakeup in the world of cryptocurrency, with a whopping $166 million withdrawn from Grayscale’s GBTC, according to data from SoSo Value. This trend of large outflows from GBTC in … Read more
The US government holds the most Bitcoin among all nations worldwide, with about $14.7 billion worth of BTC. According to Arkham data, the U.S. government holds 212,847 BTC in its treasury wallets, which places it just behind MicroStrategy’s 214,246 BTC, currently valued at $14.8 billion. In addition to Bitcoin, the U.S. has accumulated significant quantities … Read more
The highly anticipated Bitcoin halving event is only one week away! Brace yourselves as the mining rewards for Bitcoin (BTC) will be cut in half, forever changing the landscape of this digital currency. The highly anticipated halving event is just around the corner and it’s causing a buzz in the Bitcoin community. As the supply … Read more
March’s US CPI data sent shockwaves through the market with a sizzling 3.5% increase, surpassing all expectations. The news was not well-received by investors as most indices took a hit. But amidst the chaos, one digital currency stood strong. Bitcoin, after a brief dip, held its ground at an impressive $70,000. It seems the accumulation … Read more
Revitalized by US President Joe Biden’s optimistic outlook on the Federal Reserve’s potential rate cut shortly, Bitcoin (BTC) experienced a slight resurgence. Following the release of yesterday’s CPI report, which showed a surprising 3.5% inflation rate for March, President Biden made a bold statement. He declared that he expects a rate cut to happen before … Read more
The countdown to the highly anticipated Bitcoin (BTC) halving has begun, and the world of cryptocurrency is buzzing with anticipation. Despite the looming deadline, investors remain unwavering in their belief that Bitcoin will soar to new heights. With each passing day, excitement and speculation build, as the crypto community eagerly awaits the momentous event. Bitcoin … Read more
After reaching an all-time high just a few weeks ago, the $BTC price is now in a state of limbo, gathering its strength for the next monumental leap into uncharted territory. $BTC Awaits Bullish Momentum Bitcoin, the king of cryptocurrencies, is perched precariously atop the critical $69,000 resistance level. This number holds significant weight as … Read more